URE

Ultra Real Estate

Investment Objective

ProShares Ultra Real Estate seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the S&P Real Estate Select Sector Index.

You may order paper copies by contacting ProShares Client Services at 866-PRO-5125 (866-776-5125)

Performance

Daily Return during Q2 2023

Chart is updated nightly to reflect the more recent of the previous day's market closing price or the closing price on the day the fund was last traded.

Total Return

Fund + Index 1m 3m 6m YTD 1Y 3Y 5Y 10Y Since Inception Inception Date
URE Market Price -9.48% -13.02% -18.07% -8.85% -35.59% 1.61% -1.78% 4.10% -5.68% 01/30/2007
URE NAV -9.63% -13.33% -18.28% -9.06% -35.66% 1.57% -1.80% 4.11% -5.68% 01/30/2007

The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Market price returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. ET (when NAV is normally determined for most funds) and do not represent the returns you would receive if you traded shares at other times. Your brokerage commissions will reduce returns. Current performance may be lower or higher than the performance quoted. For standardized returns and performance data current to the most recent month end, see above.

About the Fund

Snapshot
  • Ticker URE
  • Intraday Ticker URE.IV
  • CUSIP 74347X625
  • Inception Date 1/30/07
  • Expense Ratio 0.95%*
  • Gross Expense Ratio 1.04%
  • NAV Calculation Time 4:00 p.m. ET
  • Distributions Quarterly
Price
as of 6/07/2023
  • NAV $56.99
  • NAV Change $+1.94 up caret
  • Market Price $56.94
  • Market Price Change $+1.82 up caret
  • Trading Volume (M) 3,130
  • 30-Day Median Bid Ask Spread 0.18%
  • View Premium / Discount
Snapshot
  • Ticker URE
  • Intraday Ticker URE.IV
  • CUSIP 74347X625
  • Inception Date 1/30/07
  • Expense Ratio 0.95%*
  • Gross Expense Ratio 1.04%
  • NAV Calculation Time 4:00 p.m. ET
  • Distributions Quarterly
Price
as of 6/07/2023
  • NAV $56.99
  • NAV Change $+1.94 up caret
  • Market Price $56.94
  • Market Price Change $+1.82 up caret
  • Trading Volume (M) 3,130
  • 30-Day Median Bid Ask Spread 0.18%
  • View Premium / Discount

The expense ratio above has a contractual waiver ending 9/30/23.

Exposures

Index as of 3/31/2023

Holdings

as of 6/07/2023

Weight Ticker Description Exposure Value
(Notional + GL)
Market Value Shares/Contracts SEDOL Number
87.25% -- REAL ESTATE SELECT SECTOR INDEX SWAP UBS AG 56,399,709 -- 306,837 --
14.19% -- REAL ESTATE SELECT SECTOR INDEX SWAP BNP PARIBAS 9,175,244 -- 49,917 --
10.68% -- REAL ESTATE SELECT SECTOR INDEX SWAP GOLDMAN SACHS INTERNATIONAL 6,901,146 -- 37,545 --
9.62% PLD PROLOGIS INC -- $6,217,056.88 48,548 B44WZD7
8.81% -- REAL ESTATE SELECT SECTOR INDEX SWAP SOCIETE GENERALE 5,692,780 -- 30,971 --
7.23% AMT AMERICAN TOWER CORP -- $4,675,493.84 24,488 B7FBFL2
5.62% -- REAL ESTATE SELECT SECTOR INDEX SWAP BANK OF AMERICA NA 3,634,843 -- 19,775 --
5.56% EQIX EQUINIX INC -- $3,596,469.65 4,867 BVLZX12
4.05% CCI CROWN CASTLE INC -- $2,616,845.43 22,773 BTGQCX1
3.75% PSA PUBLIC STORAGE -- $2,426,315.31 8,313 2852533
3.11% O REALTY INCOME CORP -- $2,012,024.00 32,984 2724193
3.09% WELL WELLTOWER INC -- $1,998,678.26 24,853 BYVYHH4
3.00% SPG SIMON PROPERTY GROUP INC -- $1,937,989.20 17,196 2812452
2.65% VICI VICI PROPERTIES INC -- $1,715,610.00 52,788 BYWH073
2.42% DLR DIGITAL REALTY TRUST INC -- $1,566,941.64 15,122 B03GQS4
2.12% AVB AVALONBAY COMMUNITIES INC -- $1,369,211.27 7,357 2131179
2.05% CBRE CBRE GROUP INC - A -- $1,328,362.98 16,617 B6WVMH3
2.00% SBAC SBA COMMUNICATIONS CORP -- $1,293,221.88 5,679 BZ6TS23
1.80% EQR EQUITY RESIDENTIAL -- $1,160,632.80 17,911 2319157
1.76% WY WEYERHAEUSER CO -- $1,136,159.20 38,540 2958936
1.63% EXR EXTRA SPACE STORAGE INC -- $1,053,078.00 7,044 B02HWR9
1.63% INVH INVITATION HOMES INC -- $1,052,684.08 30,548 BD81GW9
1.56% -- REAL ESTATE SELECT SECTOR INDEX SWAP CITIBANK NA 1,010,036 -- 5,495 --
1.56% ARE ALEXANDRIA REAL ESTATE EQUIT -- $1,009,030.15 8,285 2009210
1.51% VTR VENTAS INC -- $975,952.82 21,038 2927925
1.46% MAA MID-AMERICA APARTMENT COMM -- $940,856.40 6,072 2589132
1.33% IRM IRON MOUNTAIN INC -- $861,688.04 15,289 BVFTF03
1.21% ESS ESSEX PROPERTY TRUST INC -- $784,258.40 3,398 2316619
1.06% UDR UDR INC -- $687,033.60 16,265 2727910
1.03% HST HOST HOTELS & RESORTS INC -- $666,396.04 37,607 2567503
1.01% CPT CAMDEN PROPERTY TRUST -- $655,944.00 5,792 2166320
0.98% KIM KIMCO REALTY CORP -- $631,387.89 32,529 2491594
0.95% PEAK HEALTHPEAK PROPERTIES INC -- $613,674.38 28,757 BJBLRK3
0.76% REG REGENCY CENTERS CORP -- $493,350.90 8,101 2726177
0.63% BXP BOSTON PROPERTIES INC -- $408,817.92 7,504 2019479
0.58% FRT FEDERAL REALTY INVS TRUST -- $374,317.20 3,851 BN7P9B2
-- -- NET OTHER ASSETS (LIABILITIES) -- $18,382,168.49 18,382,168 --

Index

as of 3/31/2023

  • Total Number of Companies30
  • Price/Earnings Ratio18.073
  • Price/Book Ratio2.849
  • Dividend Yield ( % )3.76
  • Avg. Index Market Capitalization$29.77 billion
About the Index

The Index represents the real estate sector of the S&P 500 Index (“S&P 500”). The Index is one of eleven S&P Select Sector Indices, each designed to measure the performance of a sector of the S&P 500. The Index includes equity securities of companies from the following Global Industry Classification Standard (GICS®) industries: equity real estate investment trusts (REITs) and real estate management & development.

Derivative contracts are priced to reflect the underlying index yield and will not generate dividend income. Because ProShares invest in derivatives, they will not have dividend distributions that reflect those of their applicable indexes.

Distributions

Ex-Dividend Date Record Date Payable Date Dividend Long-Term Capital Gain Short-Term Capital Gain Return of Capital

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For the total return table above, since inception returns are cumulative for funds less than one year old; otherwise, returns are annualized. Market returns are based on the composite closing price and do not represent the returns you would receive if you traded shares at other times. The listing date is typically one or more days after the fund inception date. Therefore, NAV is used to calculate market returns prior to the listing date.

The expense ratio for certain funds includes a contractual fee waiver that results in a lower net expense ratio for some or all periods shown. For information about this ETF’s fees, please see above.

Holdings are subject to change. ProShares may invest in financial instruments (including derivatives) that, in combination, should have daily price return characteristics similar to the fund's benchmark.

Registered Investment Companies are required by the IRS to distribute substantially all of their income and capital gains to shareholders at least annually. For specific tax advice, we recommend you speak with a qualified tax professional.

This leveraged ProShares ETF seeks a return that is 2x the return of its underlying benchmark (target) for a single day, as measured from one NAV calculation to the next. Due to the compounding of daily returns, holding periods of greater than one day can result in returns that are significantly different than the target return, and ProShares' returns over periods other than one day will likely differ in amount and possibly direction from the target return for the same period. These effects may be more pronounced in funds with larger or inverse multiples and in funds with volatile benchmarks. Investors should monitor their holdings as frequently as daily. Investors should consult the prospectus for further details on the calculation of the returns and the risks associated with investing in this product.

The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Market price returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. ET (when NAV is normally determined for most funds) and do not represent the returns you would receive if you traded shares at other times. Your brokerage commissions will reduce returns. Current performance may be lower or higher than the performance quoted. For standardized returns and performance data current to the most recent month end, see above.

Index information does not reflect any management fees, transaction costs or expenses. Indexes are unmanaged, and one cannot invest directly in an index.

There is no guarantee that distributions will not be made in the future. There is no guarantee that dividends or interest income will be paid.

There is no guarantee any ProShares ETF will achieve its investment objective.

Shares of any ETF are generally bought and sold at market price (not NAV) and are not individually redeemed from the fund. Your brokerage commissions will reduce returns.

Investing involves risk, including the possible loss of principal. Leveraged ProShares ETFs are non-diversified and entail certain risks, including risk associated with the use of derivatives (swap agreements, futures contracts and similar instruments), imperfect benchmark correlation, leverage and market price variance, all of which can increase volatility and decrease performance. Please see their summary and full prospectuses for a more complete description of risks.

The fund concentrates its investments in certain sectors. Narrowly focused investments typically exhibit higher volatility.

Carefully consider the investment objectives, risks, charges and expenses of ProShares before investing. This and other information can be found in their summary and full prospectuses. Read them carefully before investing.

Quote data provided by Interactive Data - Real Time Services, Inc. and subject to terms of use.

ProShares ETFs (ProShares Trust and ProShares Trust II) are distributed by SEI Investments Distribution Co., which is not affiliated with the funds' advisor or sponsor.

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